1.23 canal road

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1.23 canal road

Orange Beach, AL 36561
Asking Price
$999K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 1.23 Canal Road in Orange Beach, Alabama.
  • The parcel encompasses a total of 1.23 acres.
  • This commercial land is available for purchase at $999,000.
  • Situated within the growing coastal market of Baldwin County.
  • Zoning allows for various retail or commercial development projects.
  • The site features prominent frontage on a regional thoroughfare.

What's Special

Orange Beach, Alabama, serves as a prominent coastal destination known for its tourism-driven economy and steady population growth along the Gulf Coast. This 1.23-acre commercial land parcel on Canal Road sits in a strategic position within this vibrant regional market. The property provides direct access to the thoroughfares supporting the area's year-round visitors and local residential base, making it suitable for various development projects. Investors and developers can leverage the commercial zoning to pursue opportunities that align with the high-traffic profile of the Baldwin County corridor. The site accommodates multiple potential uses, including retail development, hospitality ventures, or professional service offices. Its proximity to established infrastructure and the surrounding recreational amenities makes this a functional acquisition for those looking to expand their commercial footprint in a high-demand coastal submarket.

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NOI
$80,000
Cap Rate
8.01%
DSCR
1.35
Strong
Cash-on-Cash
6.90%
Monthly Payment
$4,942.507
Annual Cash Flow
$20,689.917

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